2014 SHARE CAPITAL INCREASE 

IMPORTANT INFORMATION
This area of the website is restricted (the "Restricted Area"). The information contained in this Restricted Area is made available in good faith and for information purposes only and is subject to the terms and conditions set out below.
Access to the Restricted Area.
If you would like to view the Restricted Area, please read this notice carefully. This notice applies to all persons who view the Restricted Area and, depending on where you are located, may affect your rights or responsibilities. BPER Banca Soc. Coop. (the "Company") reserves the right to amend or update this notice at any time and you should, therefore, read it in full each time you visit the Restricted Area. In addition, the contents of the Restricted Area may be amended at any time in whole or in part at the sole discretion of the Issuer.
Nothing in, or which can be downloaded from, the Restricted Area constitutes an offer to sell or an invitation or solicitation of any offer to purchase or subscribe for any securities in the United States or in any other jurisdiction where such offer is unlawful, nor shall any part of these materials form the basis of, or be relied upon in connection with, any contract or commitment whatsoever in any such jurisdiction.
You should not forward, transmit or show the information or documents contained in the Restricted Area to any person. In particular, you should not forward or transmit the information or documents contained therein to any person located in the United States or to any U.S. Persons (as defined in Regulation S under the Securities Act ("US Person")) or to any person located in any other Excluded Jurisdictions (as defined below).
Any securities offered will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or under the applicable securities laws or regulations of any state or territory or other jurisdiction of the United States, and the issuer of any securities offered will not be registered under the U.S. Investment Company Act of 1940, as amended. Any such securities may not be offered or sold within the United States or to or for the account or benefit of any person located therein or any US Person except pursuant to an exemption from registration under the Securities Act.
Subject to certain limited exceptions in compliance with applicable U.S. federal securities laws and the securities laws of any state or territory or other jurisdiction of the United States, the Offer will not be made, directly or indirectly, in or into, or by the use of the mails of, or any means or instrumentality (including, without limitation, telephonically or electronically) of interstate or foreign commerce of, or of any facility of a national, state or other securities exchange of the United States or to or for the account or benefit of persons located in the United States, and acceptances from such persons will not be accepted. Accordingly, unless the Issuer, in accordance with applicable U.S. federal securities laws and the securities laws of any state or territory or other jurisdiction of the United States, determines otherwise, the information contained in this Restricted Area is not being made available, and may not be mailed, forwarded or otherwise distributed or sent in, into or from the United States or to or for the account or benefit of US Persons.
The Offering will not be made, directly or indirectly, in or into, Australia, Canada or Japan or any other jurisdiction if to do so would constitute a violation of the relevant laws or regulations of such jurisdiction (the "Excluded Jurisdictions"). Accordingly, the information contained in this website is not being made available, and may not be, mailed, forwarded, or otherwise distributed or sent in, into or from Australia, Canada or Japan or any other Excluded Jurisdiction.
All persons resident outside Italy who wish to view the Restricted Area must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict them from doing so and should inform themselves of, and observe, any applicable legal or regulatory requirements applicable in their jurisdiction. It is your responsibility to satisfy yourself as to full observance of any relevant laws and regulatory requirements. If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please do not seek access to the Restricted Area.
If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.
Confirmation of Understanding
By clicking the "I UNDERSTAND" button below you confirm that you (1) have read and understood the information set out above, (2) agree to be bound by its terms and (3) are permitted under applicable law and regulation to proceed to the following parts of this website.